Little Rock, Arkansas | ||||||
Road Impact Fee Study | ||||||
The purpose of this study is to develop a road develoment fee, also called a transportation impact fee, for the City of Little Rock. Road development fees are designed to rationalize the process of ad hoc, negotiated exactions and "level the playing field" by requireing all developers to pay a development fee based on their impact on the major roadway system. In the absence of a development fee ordinance, a city may require developers to dedicate right-of-way (ROW) and/or make improvements to arterial or collector roads as part of the development approval process. The City of Little Rock | ||||||
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currently utilizes the "Boundary Street Ordinance," which requires developers to dedicate ROW and pay for frontage improvements to the street centerline. The improvements must comply with the City's Master Street Plan design standards. These types of developer exactions tend to be inefficient (improvements directly in front of a development may be disjointed if adjacent developers are not developing at the same time) and only loosely related to traffic generation. The proposed road development fee, and the subsequent ordinance, are intended to replace the CIty's existing boundary street ordinance. | ||||||
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